Walmart Inc (WMT)
Total asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 680,985,000 | 673,819,000 | 665,035,000 | 657,332,000 | 648,125,000 | 638,785,000 | 630,794,000 | 622,021,000 | 611,289,000 | 600,112,000 | 587,824,000 | 576,013,000 | 572,754,000 | 571,962,000 | 566,145,000 | 562,839,000 | 559,151,000 | 548,743,000 | 542,026,000 | 534,661,000 |
| Total assets | US$ in thousands | 260,823,000 | 263,399,000 | 254,440,000 | 254,054,000 | 252,399,000 | 259,174,000 | 255,121,000 | 245,053,000 | 243,457,000 | 247,656,000 | 247,199,000 | 246,142,000 | 244,860,000 | 244,851,000 | 238,552,000 | 236,581,000 | 252,496,000 | 250,863,000 | 237,382,000 | 232,892,000 |
| Total asset turnover | 2.61 | 2.56 | 2.61 | 2.59 | 2.57 | 2.46 | 2.47 | 2.54 | 2.51 | 2.42 | 2.38 | 2.34 | 2.34 | 2.34 | 2.37 | 2.38 | 2.21 | 2.19 | 2.28 | 2.30 |
January 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $680,985,000K ÷ $260,823,000K
= 2.61
Total asset turnover is a key financial ratio that measures a company's efficiency in generating sales relative to its total assets. For Walmart Inc, the total asset turnover ratio has shown a mostly consistent trend over the periods provided in the data.
The total asset turnover ratio for Walmart Inc ranged from 2.19 to 2.61 during the periods from April 30, 2020, to January 31, 2025. The ratio started at 2.30 in April 2020, dipped slightly to 2.19 by October 31, 2020, and then gradually increased over several periods to reach its highest value of 2.61 by January 31, 2025.
A total asset turnover ratio above 1 indicates that Walmart Inc is efficiently utilizing its total assets to generate sales. The increasing trend in the total asset turnover ratio suggests that the company is improving its asset utilization efficiency over time, which is generally a positive indicator of effective management and operational performance.
Overall, the analysis of Walmart Inc's total asset turnover ratio indicates a favorable trend in asset utilization efficiency, which may reflect the company's ability to drive sales growth while effectively managing its total asset base.
Peer comparison
Jan 31, 2025